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GALOOB ENDS ACQUISITION DISCUSSIONS WITH DSI

 SOUTH SAN FRANCISCO, Calif., May 17 /PRNewswire/ -- Lewis Galoob Toys Inc. (NYSE: GAL, GALPR) today announced that it has terminated discussions concerning its proposed purchase of Diversified Specialists Inc. ("DSI").
 In the course of conducting its due diligence of DSI, Galoob determined that the acquisition would not achieve its original objectives.
 Lewis Galoob Toys Inc. designs, develops, markets and sells quality toy and video game products worldwide.
 -0- 5/17/93
 /CONTACT: Simon Halls or Paul Baker of Baker/Winokur/Ryder, 310-278-1460, for Lewis Galoob Toys/
 (GAL GALPR)


CO: Lewis Galoob Toys Inc.; Diversified Specialists Inc. ST: California IN: HOU SU: TNM

BP-JL -- LA002 -- 9021 05/17/93 08:36 EDT
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Publication:PR Newswire
Date:May 17, 1993
Words:111
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